Accenture Report: Doctors are Leaving Private Practice for Hospital Employment

Accenture Report: Doctors are Leaving Private Practice for Hospital Employment

The number of independent physicians has declined over the last several years, from 57 percent in 2000 to 49 percent in 2005 according to a report conducted by Accenture. It's not a surprise that respondents mentioned reimbursement pressures (36%) and overhead cost (23%) as the two main factors for leaving independent practice.

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CMS to allow more Flexibility in ICD-10 Claims Auditing

CMS to allow more Flexibility in ICD-10 Claims Auditing

It’s crunch time for healthcare providers as the deadline for the ICD-10 transition quickly approaches and anxiety intensifies. In order to ease that anxiety, the Centers for Medicare and Medicaid Services has announced it will reimburse incorrectly-coded claims under the Part B physician fee schedule, so long as the incorrect code is from the right family.

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How Bad Collection Practices Put Your Practice At Risk

How Bad Collection Practices Put Your Practice At Risk

We know that not all patients prioritize paying their medical bills. According to the Medical Group Management Association, in 2010 more than 60% of patient balances were never collected!

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More Doctors Offering Small Monthly Fee for Services

More Doctors Offering Small Monthly Fee for Services

Dr. Maribel Aviles gave up after years of frustration over insurance paperwork and a yearlong effort starting a cash-only medical practice. After years of volunteering and missionary work, she opened one of the first direct primary care practices in Central Florida. The idea behind it is simple: pay the primary-care doctor a monthly fee for full access. This fee enables doctors to have fewer patients instead of balancing low insurance reimbursements with a higher number of patients.

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Key To Success: A Strong Revenue Cycle Management Firm

Key To Success: A Strong Revenue Cycle Management Firm

Our health care climate is deteriorating doctors' revenue. Period. Regardless of what you read, our reimbursement decreases every year even though our productivity remains the same. And I am in a specialty that has not experienced material reimbursement reductions from Medicare.

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